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Showing 561 - 570 of 1260 results for "MySuper"

Adviser tampered with MySuper

ELIZABETH MCARTHUR  |  FRIDAY, 1 NOV 2019
... ban after he was found to have stopped 331 Aon Master Trust default superannuation members from switching to the cheaper MySuper option. Thanh Huu Tran has been banned for two years as a result of the misconduct. He was an authorised representative of ...

Colonial First State hit with second class action in less than a week

ELIZA BAVIN  |  MONDAY, 21 OCT 2019
... That class action also makes mention of the FirstChoice Super division, alleging that CFS's implementation of the MySuper reforms for members was slow.

AustralianSuper rules out SMSF options

KANIKA SOOD  |  THURSDAY, 17 OCT 2019
... executive Ian Silk said at the sidelines of an ETF conference at ASX in Sydney yesterday. Silk also ruled out switching its MySuper product from single strategy to lifestage. "We have looked at lifestages...but we find that there is a much higher proportion ...

Retail fund faces class action on MySuper

ELIZABETH MCARTHUR  |  THURSDAY, 17 OCT 2019
Thousands of MySuper account holders with Colonial First State will pursue legal action against the fund. Maurice Blackburn Lawyers today filed a class action against CFS in relation to alleged breaches of super trustee duties that it said have caused ...

No pain, no gain: APRA

HARRISON WORLEY  |  TUESDAY, 15 OCT 2019
... amount of vocal pushback" it has generated over APRA's plans to publish heatmaps of the regulator's assessment of all MySuper products. The data APRA will use to build the heatmaps is already largely published Rowell noted, and the deputy chair said ...

Industry fund implements fee changes

JAMIE WILLIAMSON  |  WEDNESDAY, 9 OCT 2019
... from 0.16%. Rainmaker research shows Equip Corporate and Equip MyFuture rank 12th and 13th respectively in the top 50 MySuper options by lowest total expense ratio. As at March 2019, Equip Corporate's TER sat at 0.84% while Equip MyFuture's came in at ...

Corporate, industry fund merge

JAMIE WILLIAMSON  |  FRIDAY, 4 OCT 2019
... while its conservative option saw 2% over the same period. According to Rainmaker data, the average three-year return for MySuper offerings to December 2018 was 5.8%. Equip is currently operating under an extended public offer (EPO) licence after entering ...

Advice associations slammed

JAMIE WILLIAMSON  |  THURSDAY, 3 OCT 2019
... have done nothing for the fees advisers have been paying; completely ineffective in changing FSR, FOFA, industry funds, MySuper, TASA, banks' vertical integration and product flogging, LIF, FASEA, dealer fees, PI costs and a host of other issues ...

Australia's best risk-adjusted MySuper option revealed

KANIKA SOOD  |  WEDNESDAY, 2 OCT 2019
... industry fund takes the top spot, according to new Rainmaker research. HESTA emerged as Australia's best risk-adjusted MySuper product over a three year period to June end. Overall, the best-performing MySuper options also proved to be the good at ...

Super fund cuts fees

HARRISON WORLEY  |  TUESDAY, 1 OCT 2019
... deliver long-term benefits for members, and pointed out the PDS example of total costs for a $50,000 investment in its MySuper option has dropped by 22.6% since February. Energy Super chief executive Robyn Petrou said the fee cut was possible because ...